{"id":167052,"date":"2023-10-03T05:14:55","date_gmt":"2023-10-02T23:44:55","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=167052"},"modified":"2023-10-03T05:14:55","modified_gmt":"2023-10-02T23:44:55","slug":"usd-jpy-seeking-150-00-as-us-dollar-rises-across-the-board-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-jpy-seeking-150-00-as-us-dollar-rises-across-the-board-crypto-news\/","title":{"rendered":"USD\/JPY seeking 150.00 as US Dollar rises across the board &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>USD\/JPY is floating just shy of the 150.00 major level heading into Tuesday&#8217;s Asia market session.<\/strong><\/li>\n<li><strong>The US Dollar is extending a broad-market bid that scooped up markets on Friday, driving the USD\/JPY into year-long highs.<\/strong><\/li>\n<li><strong>Economic calendar lacks Japan data heading into another NFP week.<\/strong><\/li>\n<\/ul>\n<p>The USD\/JPY is pushing into its highest prices in eleven months, driving towards the 150.00 major handle as the US Dollar (USD) catches a broad-market ride up the charts on souring investor appetite and risk-off flows piling into the safe haven USD. The Japanese Yen (JPY) has lost almost 3% since September&#8217;s opening bids near 145.55.<\/p>\n<p>The Bank of Japan (BoJ) continues to chase its hyper-easy <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\/united-states\">monetary policy<\/a> framework, announcing an unscheduled bond purchasing exercise on Monday attempting to clamp down on spiraling Japanese government bond yields.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/boj-announces-unscheduled-purchase-operation-to-stem-surge-in-yields-202310020422\">BoJ announces unscheduled bond-buying operation to stem surge in yields<\/a><\/p>\n<p>Despite the operation, the BoJ&#8217;s bond buying saw little market absorption, with investors broadly focusing on how much USD they can scoop up, and the JPY continues to tumble towards the USD\/JPY&#8217;s highest bids in a year.<\/p>\n<p>September&#8217;s US Manufacturing Purchasing Manager Index (PMI) figures on Monday came in better than expected, printing at 49.0 against the forecast uptick into 47.7 from the previous reading of 47.6.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/ism-manufacturing-pmi-preview-us-factory-sector-set-to-extend-contraction-into-september-202310020632\">ISM Manufacturing PMI improves to 49.0 vs. 47.7 forecast<\/a><\/p>\n<p>With little of note on the economic calendar for Japan, market focus will be squarely on the US data docket heading into another <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/economic-indicator\/nfp\">Non-Farm Payrolls<\/a> (NFP) Friday, with the US NFP for September expected to slip from 187K to 163K.<\/p>\n<p>Next up will be Tuesday&#8217;s JOLTS job openings for August, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">forecast<\/a> to tick upwards slightly from 8.827M to 8.83M.<\/p>\n<p><strong>Read More:<\/strong><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/forex-today-us-dollar-shows-its-strength-rba-to-keep-rates-unchanged-202310022051\">Forex Today: US Dollar shows its strength, RBA to keep rates unchanged<\/a><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/US Dollar Index climbs to 107.00, claims eleven-month high as market sentiment extends risk-off flows\">US Dollar Index climbs to 107.00, claims eleven-month high as market sentiment extends risk-off flows<\/a><\/p>\n<h2 class=\"fxs_headline_medium\">USD\/JPY technical outlook<\/h2>\n<p>The USD\/JPY is pinning into eleven-month highs just beneath the 150.00 major psychological handle, and Tuesday markets are rolling out of bed with the pair bidding near 149.85.<\/p>\n<p>Hourly candles see the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/usdjpy\">USD\/JPY<\/a> trading well above the 200-hour Simple Moving Average (SMA) near 148.90 as the major moving average sees itself pinned in place to a rising near-term trendline from last week&#8217;s swing low into 147.32.<\/p>\n<p>On the daily candlesticks, the US Dollar has closed bullish against the Japanese Yen for six of the last eight straight trading months, and current price action is well-bid after rebounding from the 34-day Exponential Moving Average (EMA) just above 147.00, with the 200-day SMA far below current prices, turning bullish from 138.00.<\/p>\n<h2 class=\"fxs_headline_medium\">USD\/JPY hourly chart<\/h2>\n<\/p>\n<h2 class=\"fxs_headline_medium\">USD\/JPY daily chart<\/h2>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/USD_JPYD-638318861291496159.png\" style=\"width: 898px;height: 729px\" \/><\/p>\n<h2 class=\"fxs_headline_medium\">USD\/JPY technical levels<\/h2>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: USD\/JPY is floating just shy of the 150.00 major level heading into Tuesday&#8217;s Asia market session. The US Dollar is extending a broad-market bid that scooped up markets on Friday, driving the USD\/JPY into year-long highs. Economic calendar lacks Japan data heading into another NFP week. The USD\/JPY is pushing into its highest prices [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,276,459,255,250,252,247,253,249,275,256,254],"class_list":["post-167052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-currencies","tag-dollarindex","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdjpy","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/167052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=167052"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/167052\/revisions"}],"predecessor-version":[{"id":167054,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/167052\/revisions\/167054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/14709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=167052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=167052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=167052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}